Saturday, September 19, 2009

Rice Lake Manitoba is alive with gold explorers.

Recent news from several mining and exploration companies clearly demonstrates that the search for new gold has ramped up in the Rice lake Greenstone Belt of Manitoba. Over the last few weeks there have been news releases of new gold discoveries, joint venture exploration projects, diamond drilling projects, mining claim acquisitions and new exploration work taking place throughout the region. At least six different companies have made recent press releases all of which contain exciting news of rejuvenated gold exploration.

The Rice lake region of Southeast Manitoba is an old gold mining camp that has sprung new life. Starting from the original discoveries in the early 1900’s and leading up to the new high grade discoveries being made today, history will show the region to be an important source of gold.

Today’s new Manitoba Gold Rush was triggered when San Gold Corp, a junior exploration and mining company based in Manitoba, reopened the historic San Antonio mine and discovered and put into production two other new mines. The company has had remarkable success at discovering new high grade gold deposits, virtually on the door step of their mine and milling complex, now called the Rice lake mine. Their exploration achievements are many, including discovery of the near surface high grade Hinge Zone and related deposits and rich new ore zones in the historic mine.

San Gold Corp, Strike point Gold, WildCat Exploration, Cougar Minerals, EagleRidge Minerals and Bison Gold have all made recent press releases concerning exploration activities within the region.

With this type of activity the rush appears to be well underway, proving once again that innovative thinking combined with modern tools can help unlock the hidden riches in historic gold camps. Results from the Rice Lake Belt today, closely parallel those obtained during the revitalization of the Red Lake Ontario region that occurred not so long ago. Red lake is home to one of the World’s richest gold mines, the Red lake mine owned by Goldcorp.

Websites of companies active in the Rice lake area with recent press releases.

San Gold Corp

Bison Gold Inc

Cougar Minerals Corp

EagleRidge Minerals Ltd

Wildcat Exploration Ltd

Strike Point Gold Inc.

There are numerous other companies and private individuals actively exploring the region. To all a great good well done!

Lets go out and prospect - Happy Rock Hounding!

Wednesday, September 09, 2009

What is Gold ?

That's easy to answer, it's one of the more important metals that we prospectors look for? It's part of the prospectors dream and we always try to chase it out of where it hides. We all know that gold is valuable and important, but sometimes we need a little reminder of just how great a metal Gold really is.

Here are some interesting facts about Gold.

The properties and uses of the metal gold.

Chemical symbol: Au

Atomic number: 79

Atomic weight: 196.967

Specific gravity: 19.3 (Twice as heavy as lead; 1 cubic foot weighs over half a
ton.)

Hardness: 2.5 to 3 on the Mohs hardness scale

Tensile strength: 19,000 pounds per square inch

Melting point: 1,945oF

Boiling point: 5,378oF

- Face centered-cubic crystalline structure.

- Most malleable and ductile of all metals.

- Inert, therefore does not corrode. (Referred to as a noble metal.)

- Good conductor of electricity.

- One ounce of gold can be stretched into a wire more than 40 miles long.

- Gold can be worked into a layer measuring 1 millionth of an inch.

- There are certain produced acid and alkaline compounds that will dissolve gold; the best known is aqua-regia, a potent combination of hydrochloric and nitric acids.

Gold is one of the earliest metals known and used by humans. It resists corrosion and chemical interaction. It will not disintegrate when exposed to oxygen, water, salt, or any other naturally-occurring material. Gold’s durability accounts for the almost perfect condition of coins and artifacts fashioned from it thousands of years ago.

Gold is used for investment purposes and jewelry however it's most important uses are in computers, weaponry and aerospace. It is used where consistent, reliable performance under all conditions is essential. The electronics industry has tried to find substitute metals and alloys, but gold’s exceptional resistance to corrosion and tarnish is still unequaled.

Happy Prospecting!